Lower documentation loan programs for easier and quicker approvals

Option ARM
Choose your payment, as low as 1.24%

Stated Income No Assets (SIVA)

• The borrower states income on the application but income is not verified.
• Assets (bank account etc.) are disclosed and verified.
• Employment is verified by phone only, without reference to income.
• Primary residence, second home and investment properties.
• FICO credit scores as low as 620
• Cash-out refinance available
• Up to 100% financing available

No Income No Assets (NINA)

• The borrower does not disclose income on the application.
• Assets (bank account etc.) are not disclosed on the application.
• Employment is verified by phone only, without reference to income.
• Primary residence, second home and investment properties.
• FICO credit scores as low as 620
• Cash-out refinance available
• Up to 100% financing available

No Income Verified Assets (NIVA)

• The borrower does not disclose income on the application.
• Assets (bank account etc.) are disclosed and verified.
• Employment is verified by phone only, without reference to income.
• Primary residence, second home and investment properties.
• FICO credit scores as low as 620
• Cash-out refinance available
• Up to 100% financing available

No Ratio or No Doc

• All employment and assets are left blank on the loan application
• Primary residence, second home and investment properties.
• FICO credit scores as low as 620
• Cash-out refinance available

Misc. Loan Products

Home Equity Line of Credit (HELOC)

• No closing costs, absolutely no fees at all
• No initial draw required, use the account only when needed
• Up to 100% of loan to value
• Up to $1,000,000 line
• Stated income
• Low rates
• Can be used with a First Mortgage for 100% financing

Fixed Second Mortgages

• No closing costs, absolutely no fees at all
• Up to 100% of loan to value
• Up to $1,000,000 line
• Stated income
• Low rates
• Can be used with a First Mortgage for 100% financing

Sub-Prime (Credit Problems)

• 40 year loans
• Interest only available
• Fixed rates or variable
• 100% LTV  FICO as low as 580
• Stated income for self employed as low as 500 FICO
• One day out of bankruptcy